Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you want to receive $100,000 in five years. how mu

You want to receive $100,000 in five years. How much would you have to invest...

90.2K

Verified Solution

Question

Accounting

You want to receive $100,000 in five years. How much would you have to invest today at 3% compounded annually?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

ose that legalizing the use of heroin would decrease its price by 78 percent If...

Basic Math
Q

A small He-Ne laser produces a 632.8 nm beam with an average power of 3.5 mW...

Physics
Q

If blue eyes are recessive then the only way a person will have blue eyes...

Biology
Q

8 a Determine the measure of angle C to the nearest degree E 3 9...

Basic Math
Q

Use the Wording of Final Conclusion flow chart interactive to answer the following question When...

Statistics
Q

The half life of an antibiotic in the bloodstream is 12 hr If an initial...

Calculus
Q

x In4 5 equation below a Give a representation of the exact answer using logarithms...

Algebra
Q

A company has the following at the end of the year: \table[[,Book value,Fair value,Estimated...

Accounting
Q

la pista de auditora puede mejorar cul de los siguientes a) gasto por deudas...

Accounting
Q

Please show all formulas and steps! Grenouille Properties. Grenouille Properties (U.S.) expects to receive...

Finance
Q

A couple in their early 30s, Rodney and Carly Madsen recently inherited $90,000 from a...

Finance
Q

A. The average household income in the City of Santa Rosa (CA) is reported to...

Finance